Trump family’s World Liberty seen to earn $150M from USD1

An analysis of public disclosures and financial filings projects World Liberty Financial will earn about $150 million in 2026 from USD1, a dollar‑pegged stablecoin launched in March 2025.

USD1 is backed by US dollars and government money market funds held by World Liberty. The firm invests those reserves in short‑term Treasuries and money market instruments; interest income from those investments accrues to World Liberty rather than to token holders. World Liberty posted a $159.5 million annual run‑rate figure in April.

Approximately 87% of USD1 supply is held on Binance. The concentration grew after promotional programs on the exchange, including a USD1 Boost Program that offered high yields to attract deposits. World Liberty and Binance describe the relationship as routine and note the issuer does not share revenue with exchanges.

The Trump family owns about 40% of World Liberty Financial. Filings and disclosures indicate the family’s crypto activities have increased its net worth by more than $1 billion since USD1 launched. Congress is considering federal licensing standards for stablecoin issuers under the GENIUS Act, and other legislation would address how issuers treat reserve yields.

Concentration on a single exchange creates a commercial risk for USD1: if Binance’s relationship with World Liberty changes or regulatory enforcement affects either party, the stablecoin’s distribution could contract rapidly. Major established stablecoins are distributed across many exchanges, decentralized finance platforms and payment systems.

Austin Campbell, an adjunct professor at NYU Stern, described Binance’s programs as marketing aimed at moving funds into USD1 and away from other stablecoins. President Trump pardoned Binance co‑founder Changpeng Zhao in October; Zhao later appeared at a World Liberty event at Mar‑a‑Lago. Representatives for Zhao have maintained he does not run day‑to‑day operations at Binance.

The projections assume current growth and market conditions continue. World Liberty has maintained it does not share revenue with any exchange, and Binance has characterized its activities as part of routine promotional arrangements.